Canary Launches The First Spot SUI ETF, with Staking (SUIS)
Canary Capital Group LLC (“Canary Capital”), a digital asset investment management firm, today announced the launch of the Canary Staked SUI ETF (
NASDAQ: SUIS). The Fund seeks to offer exposure to the spot price of SUI, the native token of the Layer-1 Sui Network. In addition, the Fund also seeks to earn additional SUI through participation in the Sui Network’s Proof-of-Stake (“PoS”) validation process, with net in-kind staking rewards reflected in the Fund’s net asset value.
